Harworth Group PLC Director/PDMR Shareholding
16 October 2024 - 9:06PM
RNS Regulatory News
RNS Number : 4448I
Harworth Group PLC
16 October 2024
16
October
2024
LEI:
213800R8JSSGK2KPFG21
Harworth Group
plc
Director/PDMR
Shareholding
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with
them
Harworth 2019 Restricted Share Plan ("RSP")
The Company
announces that on 16 October 2024 awards under the rules of the RSP
(structured as nil-cost options) were granted to the individuals
noted below. The RSP awards vest on a phased basis over a period of
five years commencing with the Company's 2024 financial year, with
one third of the RSP awards vesting following the end of the 2026,
2027 and 2028 financial years, and vested shares being subject to a
holding period so that no shares can be sold until the end of the
five-year period. The RSP awards are subject to performance
underpins described in the Company's Directors' Remuneration Report
in its annual report and financial statements for the year ended 31
December 2023. Dividend equivalents will apply to the RSP awards
during the holding period.
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
(a)
|
Name
|
1)
Andrew Blackshaw[i]
2)
Jonathan Haigh[ii]
3) Luke
Passby
|
|
2.
|
Reason for the notification
|
|
(a)
|
Position/status
|
1) Chief
Operating Officer (PDMR)
2) Chief
Investment Officer (PDMR)
3) Head
of Investor Relations & Communications (PDMR)
|
|
(b)
|
Initial
notification/ Amendment
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
(a)
|
Name
|
Harworth Group plc
|
|
(b)
|
LEI
|
213800R8JSSGK2KPFG21
|
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
(a)
|
Description
of the financial instrument, type of instrument
|
Ordinary shares of 10 pence
each
|
|
|
Identification code
|
ISIN: GB00BYZJ7G42
|
|
(b)
|
Nature of
the transaction
|
Grant of an option with an exercise
price of zero (nil cost option) under the Harworth 2019 Restricted
Share Plan
|
|
(c)
|
Price(s)
and volume (s)
|
|
Price(s)
|
Volume(s)
|
|
1)
N/A
|
7,818
|
|
2)
N/A
|
7,818
|
|
3)
N/A
|
13,313
|
|
|
(d)
|
Aggregated
information
-
Aggregated volume
-
Price
|
As stated above.
|
|
(e)
|
Date of the
transaction
|
16 October 2024
|
|
(f)
|
Place of
the transaction
|
Outside a trading venue
|
[i] RSP awards granted
as a top-up to the awards granted on 22nd April 2024
("April Awards") as, due to
an administrative error, an incorrect salary amount was used to
calculate the April Awards.
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END
DSHFLFIIIELRLIS
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